16043 E Tall Timber Ln Parker, CO 80134
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About this home
Discover luxury, comfort, and smart home technology in this meticulously-maintained 6 bedroom, 4.5 bathroom residence, situated on a near quarter-acre corner lot at the end of a quiet cul-de-sac. The main floor is bathed in abundant natural light. A grand two-story foyer welcomes you, leading to an office with a fireplace and custom barn door. The seamless open-concept living and dining areas, complete with a fireplace, are perfect for entertaining. The updated kitchen features Italian quartz countertops, a modern Café induction cooktop, a new GE refrigerator, and stainless steel appliances. A convenient main-floor bedroom and full bathroom offer flexible living options. Upstairs, a versatile loft and three bedrooms await, including an owner's suite with a luxurious en-suite bathroom and walk-in closet. The fully-finished basement is an entertainer’s dream, featuring a wet bar, two bedrooms, 1.5 baths, and a custom home theater with a 4K projector, 9.2 Dolby Atmos surround sound, and 9 reclining seats. The outdoor spaces are equally impressive, with a curved patio and a newly finished private deck with soft accent lighting, perfect for enjoying quiet evenings. This home is built for Colorado living, with a durable concrete tile roof ideal for hail-prone weather. The two-car garage includes a superior polyaspartic coating, water-resistant paint, and a new EV charging port. Smart home features are integrated throughout, including Google Nest cameras and doorbell, automatic dimmable lighting, dusk-to-dawn outdoor lights, and smart thermostats. Located in Parker, rated one of America's most desirable places to live, this home offers convenience, with easy access to amenities and charming downtown. This gem combines modern upgrades with a calm ambiance, representing upscale living in a prime location. Welcome home!
Source: RECO #8582611
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
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